GENERAL PVR INOX Eyes Growth Through Premiumisation, Tier 2-4 Expansion

PVR INOX Ltd is entering FY27 with a strong content pipeline and a significantly strengthened balance sheet, with net debt falling 90% to ₹162 crore as of March 2026 from ₹1,430 crore at the time of the merger in FY23. The multiplex operator will focus on improving occupancies, premiumisation and capital-light growth, with greater emphasis […]

CW Bureau · Aug 20, 2026

STARTUP/TECHNOLOGY IIM Lucknow Starts First Cohort Of BS In AI & Business Analytics Programme

Indian Institute of Management Lucknow (IIM Lucknow) has welcomed the inaugural cohort of its first undergraduate programme, the Bachelor of Science (BS) in Artificial Intelligence and Business Analytics (AI & BA), marking a significant expansion of its academic offerings into the fast-growing field of artificial intelligence. The first batch of 60 students began their four-year […]

CW Bureau · Aug 19, 2026

STARTUP/TECHNOLOGY Indrajaal-Sigma Consortium Secures Order For Anti-Drone Patrol Vehicles

Indrajaal Autonomous Defense Systems and Sigma Advanced Systems have secured orders worth ₹155 crore for Indrajaal Ranger, an anti-drone patrol vehicle designed to extend counter-drone security beyond military installations to border villages, VVIP routes and urban areas. The Indrajaal-Sigma consortium has received a ₹145 crore order from the Home Ministry, while an urban police agency […]

CW Bureau · Aug 18, 2026

STARTUP/TECHNOLOGY Sonata Software Appoints Hariprasad Rebala As Its New Chief AI Officer

Sonata Software has appointed Hariprasad Rebala as Chief AI Officer as the company steps up its strategy to become an AI-native organisation. Rebala will lead the company’s end-to-end AI-led business transformation across offerings, service delivery, platforms, capabilities, partnerships and its wider ecosystem. AI strategy to drive growth “Transforming Sonata Software into an AI-native organisation is […]

CW Bureau · Aug 17, 2026

BANKING & FINANCE RBI Puts Banks On AI Alert, Lists Out Five Key Priorities For Smooth Sailing

The Reserve Bank of India (RBI) has asked banks to make AI governance an immediate priority, calling for complete inventories of AI systems, board-approved governance frameworks, explainable AI decisions, regular stress testing and meaningful human oversight as the technology becomes increasingly embedded in banking. RBI Governor Sanjay Malhotra said banks should treat these measures as […]

CW Bureau · Aug 11, 2026

STARTUP/TECHNOLOGY CMS Info Appoints Will Poole As Director Amid AI Transformation

CMS Info Systems Ltd (CMS), a business services company with operations spanning ATM management, retail and currency logistics, and technology and payments, has appointed William Poole VIII (Will Poole) as an additional director (independent). The appointment comes as CMS steps up investments in Vision AI, data and automation, particularly within its Technology & Payment Solutions […]

CW Bureau · Aug 10, 2026

STARTUP/TECHNOLOGY Justdial Bets Big On AI To Transform Local Search, Boost India’s MSMEs

Justdial is stepping up its focus on artificial intelligence (AI), conversational search and digital tools for merchants as it seeks to strengthen its position in India’s rapidly evolving local discovery market. In his message to shareholders in the company’s Annual Report 2026, Justdial Founder, Managing Director and Chief Executive Officer V S S Mani said […]

CW Bureau · Aug 9, 2026

BANKING & FINANCE Muthoot Capital Services Steps Up AI Adoption To Improve Efficiency

Muthoot Capital Services Ltd, a non-banking financial company (NBFC) focused on vehicle and consumer finance, is accelerating the use of artificial intelligence across its operations to improve efficiency, decision-making and customer experience. The company is deploying AI-led solutions across customer acquisition, credit underwriting, collections, customer service, audit, compliance and risk management, said CEO Mathews Markose […]

CW Bureau · Aug 8, 2026

RETAIL/FMCG Senco Gold Expands AI Push, Targets 20% Revenue Growth In FY27

Senco Gold Ltd, a leading jewellery retailer, has accelerated the adoption of advanced technologies across design, sourcing, supply chain management and e-commerce as it sharpens its focus on digital customer engagement and operational efficiency. “The biggest transition has been in the digital space, with the brand moving into the AI-aided customer experience journey,” said Chairperson […]

CW Bureau · Aug 7, 2026

INFRASTRUCTURE IndianOil Charts AI-Led Growth, Expands Gas & Petrochemicals Push

Indian Oil Corporation Ltd (IndianOil), India’s largest oil marketing company, is accelerating investments in digital technologies, natural gas, petrochemicals and core refining infrastructure as it prepares for the next phase of growth. “The road ahead will undoubtedly present new challenges, but it will also create new possibilities,” said IndianOil Chairman A.S. Sahney in a letter […]

CW Bureau · Aug 7, 2026

BANKING & FINANCE IndusInd Bank Charts Three-Year Growth Plan, Target 1% RoA Exit

Private sector lender IndusInd Bank has outlined a three-year transformation roadmap aimed at strengthening its franchise, accelerating growth and building leadership across key business segments. The strategy begins with restoring the bank to industry-aligned growth and achieving an exit Return on Assets (RoA) of 1% in FY27, before focusing on scaling operations in the second […]

CW Bureau · Aug 6, 2026

STARTUP/TECHNOLOGY Reliance Retail Ventures Acquires AI Fashion Platform Furrl Technology

Reliance Retail Ventures Ltd (RRVL) has acquired the technology assets of Bengaluru-based AI-powered styling and fashion discovery platform Furrl for an undisclosed sum. The acquisition includes Furrl’s AI Styling Engine and commerce app, and forms part of RRVL’s strategy to embed artificial intelligence across its consumer businesses and deliver more personalised shopping experiences. Strengthens AI-Led […]

CW Bureau · Aug 5, 2026